Integrated Ventures Purchases WhatsMiner Equipment

Updated: 06 August 2021

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Integrated Ventures, the company self-described as a group with “focus on blockchain and cryptocurrency sector,” has purchased WhatsMiner equipement, according to a press release.

The equipment it purchased from the group is:

Antminer S17Pro/56TH – 100 units (*)
Antminer S17Pro/73TH – 72 units (*)
Antminer Z11/138 – 5 units (*)
Antminer S19Pro/110TH – 2 units (*)
WhatsMiner M31/74TH – 110 units (**)

By December 15 of this year, the company will have purchased 395 units.

Speaking on the matter is Steve Rubakh, CEO of Integrated Ventures, who said:

“The Company is deploying recently raised capital for purchases of the mining equipment, driven by:

decrease in power and general operating costs

improved profitability and efficience of the mining equipment

recovery and recent performance of the cryptocurrency markets

significant BTC purchases, reported by major institutions

cryptocurrency sector’s maturity, positive developments and acceptance as a viable investment.

Estimated unaudited annual mining revenues, based on BTC price of $17,000 are tracking at $950,000+ vs actual revenues of $454,170 for year 2020.

Thus, subject to the equipment availability, the Company intends to execute purchases of the mining equipment, on bi-weekly basis, mainly relying on current and future cash flow. We expect to deliver revenue and profitability growth and see a great potential for the M&A driven business expansion opportunities, going forward.”